Australia has been regarded as a prolific destination by immigrants seeking relocation on the basis of skills and business or investment. The Aussie government is also quite positive about receiving a rich inflow of expertise in different specialized trades and business expertise. The immigrating people have always brought along immense benefits for the local economy both in form of providing a pool of skills and also boosting the economic and business scenario  by establishing new business enterprises and parking funds in different designated venues.

 

Aussie government has prepared and established a comprehensive policy to allow entry of desired expertise into the country. It has smartly manipulated its system as per the local requirements. It is a widely accepted notion that the main urbanized areas of this country are vastly developed with an expansive scope for economic activities and employment, in this race though it is felt by many experts that the regional and non urbanized territories of the country have been left untouched. Hence to strike a balance between different regions of country in terms of development the Aussie government has formulated programs that would assist the provinces and help them rope in interested individuals from overseas locations by way of skills or business and investment routes.

 

Australia Immigration SkillSelect Section 188 Investor Program (Business Innovation And Investment)scheme is one such initiative. This provision has been incorporated into the Australian visa policy to provide necessary tool to provincial governments to enable to select interested immigrants with a plan and program of parking funds in designated venues. The program has been immensely successful since its inception and it has yielded good results. Till now, over 3500 people have been selected by different states and territories of the country for this visa category.

 

Section 188 Investors Program has been primarily designed as a temporary scheme which allows investing individuals to enter the country, park their funds and experience the environment of the country. These investing individuals can opt for permanent residence visa under section 888 if they qualify the stipulations of temporary visa and are convinced about the possibility of a good success of their entrepreneurial endeavors  and investments in that country.   These people also stand a good chance of being able to apply for the Aussie nationality. The people not interested in obtaining citizenship of this country can continue to reside without even filing for extension of permanent residency.

 

How to avail a chance of gaining Australia Immigration Under Section 188 Investor Visa

This specific route has 2 subcategories, i.e.

• Entrepreneur – for people intending to setup business enterprise and also manage it
• Investing individuals – this route is meant for people willing to infuse a designated amount of money into the designated venue and willing to maintain this activity
  • General category – for people intending to make an infusion of at least Australian $1,500,000
  • Significant investing individuals – for immigrant investing individuals having funds in tune of at least Australian $5,000,000

To avail chance of entering Down Under through this route, you need to create and lodge an EOI on Australia Immigration SkillSelect under section 188. The interested people would also have to pass through a phase under which a critical profile analysis is conducted on the profile of the candidate. The profile analysis is conducted on different areas of profile

• Age
• Education
• English language skills
• Financial credentials
• Business turnover
• Investment exposure 

 

The EOI you submit must make a mention of the

• Category you are placing your EOI for
• The states from which you would like to get nomination from